Commercial real estate transactions involve more than agreeing on a price and closing date. Reviewing the right documents before you move forward can reveal legal or financial issues that may affect your future plans or negatively affect your business years after your...
Real estate
Who should own the commercial property: you or your LLC?
Buying commercial property is a major investment, but deciding who should own it is just as important. Purchasing the property in your own name or through your business can affect liability, financing and your long-term plans. Here are some factors to consider when...
Does your commercial lease survive a property sale in Minnesota?
Property sales happen. Buildings change hands for countless reasons, and as a commercial tenant, you generally do not have control if your landlord decides to sell. What you can control is understanding your rights when ownership transfers. The good news is that...
Navigating real estate considerations unique to farmland
Buying, selling, leasing or otherwise investing in farmland in Minnesota must be approached with an understanding of how they will necessarily differ from traditional residential or commercial real estate transactions. Farmland is not just property; it is also a...
3 crucial details to negotiate before signing a commercial lease
Leasing commercial property can help a business connect with new customers and/or expand into new territory. However, every commercial lease involves a degree of risk. The business owner or executive planning an expansion to new facilities may need help reviewing the...
Why does location matter when investing in commercial property?
Many real estate investors are likely aware of the mantra “location, location, location.” This slogan rings true when it comes to commercial real estate because location and zoning regulations go hand in hand. While investing in commercial property is generally...
3 solutions when a commercial tenant wants to break a lease
Commercial leases are usually long-term agreements between a business and a landlord. They agreed to specific terms regarding maintenance and monthly rent that may last for anywhere from two to five years, sometimes more. There is a bit of optimism involved in the...
Should a new business rent or buy commercial space?
Entrepreneurs seeking to turn their idea into a functional business and executives brought on to help develop a concept into a functional organization need to make a lot of decisions before a vision can turn into an operational reality. Choices made in the early...
Protecting your family farm from the damage of divorce
Maybe you and your spouse dream of a pastoral lifestyle and so the two of you pooled your resources to purchase land and start your own small farm. Perhaps you are a third-generation farmer who already has teenage children, and you worry about what may happen to your...
Who maintains a commercial property subject to a lease?
Leasing a property is often a better financial move than simply buying a property for a new or growing business. You have the flexibility to change facilities if your business model shifts or you grow more quickly than anticipated. You also have lower overhead costs...

